REG - Rio Tinto - Director/PDMR Shareholding

Rio TintoAnnouncement

29/04/2019 15:05

RNS Number : 4380X
Rio Tinto PLC
29 April 2019
 


Shareholdings of persons discharging managerial responsibility (PDMR) / Key Management Personnel (KMP)
 
Dividend Reinvestment
 
29 April 2019
 
Rio Tinto notifies the London Stock Exchange (LSE) of PDMR/KMP interests in securities of Rio Tinto plc, in compliance with the EU Market Abuse Regulation. As part of its dual listed company structure, Rio Tinto voluntarily notifies the Australian Securities Exchange (ASX) of material dealings in Rio Tinto plc shares by PDMR/KMP and both the ASX and the LSE of material dealings by PDMR/KMP in Rio Tinto Limited securities.
 
Vested Share Account (VSA)
 
Rio Tinto plc ordinary shares of 10p each and Rio Tinto Limited ordinary shares ('Shares') held in a VSA are subject to dividend reinvestment whereby cash dividends are used to buy Rio Tinto plc or Rio Tinto Limited shares in the market.  
 
On 26 April 2019 the following PDMRs/KMP acquired shares in Rio Tinto plc by way of reinvestment of dividends received on shares held in a VSA.
 



Security


Name of PDMR/KMP


Number of Shares Acquired


Price per Share
GBP




Rio Tinto plc shares


Baatar, Bold


1,515.28714


46.12795




Rio Tinto plc shares


Barrios, Alfredo


1,720.61189


46.12795




Rio Tinto plc shares


Jacques, Jean-Sébastien


7.46751


46.12795



 
On 29 April 2019 the following PDMRs/KMP acquired shares in Rio Tinto Limited by way of reinvestment of dividends received on shares held in a VSA.
 



Security


Name of PDMR/KMP


Number of Shares Acquired


Price per Share
AUD




Rio Tinto Limited shares


Salisbury, Christopher


493.08495


99.11000




Rio Tinto Limited shares


Soirat, Arnaud


1,703.61154


99.11000




Rio Tinto Limited shares


Trott, Simon


0.0692


99.11000



 
UK Share Plan (UKSP)
 
The UKSP is an HMRC approved Share Incentive Plan under which qualifying UK employees are able to purchase, on a quarterly basis, Rio Tinto plc shares. Rio Tinto plc shares are purchased out of monthly deductions from salary, and participants are allocated an equivalent number of shares free of charge (UKSP matching shares).  Qualifying UK employees are also awarded Free Shares once a year.
 
Rio Tinto plc shares held in the UKSP are subject to dividend reinvestment whereby cash dividends are used to buy Rio Tinto plc shares in the market.
 
On 26 April 2019 the following PDMRs/KMP acquired shares in Rio Tinto plc by way of reinvestment of dividends received on shares held in a UKSP.
 



Security


Name of PDMR/KMP


Number of Shares Acquired


Price per Share
GBP




Rio Tinto plc shares


Baatar, Bold


7


46.12795




Rio Tinto plc shares


Jacques, Jean-Sébastien


123


46.12795




Rio Tinto plc shares


Soirat, Arnaud


10


46.12795



 
Global Employee Share Plan (myShare)
 
Under myShare employees are able to purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each, Rio Tinto plc ADRs or Rio Tinto Limited ordinary shares ('Shares'). Shares are purchased out of monthly deductions from salary and participants are allocated an equivalent number of shares or ADRs free of charge ('matching shares' and 'matching ADRs'), conditional upon satisfying the terms of myShare. The matching shares or matching ADRs are subject to a three year holding period, and vest after this period.
 
Rio Tinto Shares held in myShare are subject to dividend reinvestment whereby cash dividends are used to buy Shares in the market under the terms of myShare. 
 
On 26 April 2019 the following PDMRs/KMP acquired Rio Tinto plc shares by way of reinvestment of dividends received on shares held in myShare.
 



Security


Name of PDMR/KMP


Number of Shares Acquired


Price per Share
GBP




Rio Tinto plc shares


Baatar, Bold


17.19


46.12795




Rio Tinto plc shares


Barrios, Alfredo


38.9007


46.12795




Rio Tinto plc shares


Jacques, Jean-Sébastien


32.2067


46.12795




Rio Tinto plc shares


Trott, Simon


6.8557


46.12795



 
On 29 April 2019 the following PDMRs/KMP acquired Rio Tinto Limited shares by way of reinvestment of  dividends received on shares held in myShare.
 



Security


Name of PDMR/KMP


Number of Shares Acquired


Price per Share
AUD




Rio Tinto Limited shares


Trott, Simon


55.454


99.11000



 
 
FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.
 
LEI: 213800YOEO5OQ72G2R82

Classification: 2.2. Inside information disclosed under article 19 of the Market Abuse Regulation
 



Steve Allen
Group Company Secretary                                
 


Tim Paine
Joint Company Secretary




Rio Tinto plc
6 St James's Square
London
SW1Y 4AD
 
T +44 20 7781 2058
Registered in England
No. 719885


Rio Tinto Limited
Level 7, 360 Collins Street
Melbourne 3000
Australia
 
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404



 




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